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Microbix Sales Grow Over 30% In The Second Quarter; Up 43% In The First Half '09
Date:5/14/2009

March 31 March 31 -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- $ $ $ $ Sales 1,570,204 1,179,771 3,176,728 2,216,622 Net Profit (loss) (512,834) (1,337,698) (1,096,502) (2,282,685) Net Profit (loss) per share (0.01) (0.02) (0.01) (0.05) Cash Flow (244,708) (1,771,934) (2,856,777) 3,831,239

Microbix specializes in the development of biological technologies and commercializing them through global partners. The Company has intellectual property in large market biotherapeutic drugs, vaccine technologies and animal reproduction technologies. Established in 1988, Microbix is headquartered in Toronto.

This press release contains forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements including the risks associated with failure to get authorization to release Kinlytic for distribution in the US from the FDA, inability to complete financing for the Hunan China project currently the subject of financing; risks associated with commercializing the technologies; risks associated with failure to develop and commercialize SST; non-adoption of SST. These forward-looking statements represent the Company's judgment as of the date of this press release. The Company disclaims any intent or obligation to update these forward-looking statements.


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SOURCE Microbix Biosystems Inc.
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